Re:The Crypto Backlash Is Booming
by rglullis on Monday February 07, 2022 @07:38AM
(#30243968)
You know what annoys me the most about these discussions about crypto and systems in general? It's the fact that people can only argue in the extremes. Decentralization is a spectrum. (https://twitter.com/rlullis/status/1307420668372430848)
> Decentralized systems are amazing, until they aren't
No, they are not. They are expensive, they require responsibility. The UX is complicated. Most people shouldn't use it and will be better off delegating all this to someone else.
Thing is, it's not because something is good enough for most people that everyone should stick to it.
> what happens when those 3 friends decide that don't like you as much as they like the idea of banding together to take over your identity and all your money?
This argument is stupid. With decentralization, there is no reason for your identity to be something singular. There is even less reason for people to think that one wallet should hold "all your money".
> Decentralized systems are amazing, until they aren't
No, they are not. They are expensive, they require responsibility. The UX is complicated. Most people shouldn't use it and will be better off delegating all this to someone else.
Thing is, it's not because something is good enough for most people that everyone should stick to it.
> what happens when those 3 friends decide that don't like you as much as they like the idea of banding together to take over your identity and all your money?
This argument is stupid. With decentralization, there is no reason for your identity to be something singular. There is even less reason for people to think that one wallet should hold "all your money".